Gold prices in India declined for 2nd consecutive session today after scaling record peak last week following US Federal rate cut and strong prospects of yet another outsized reduction in 2 months. 24k gold prices today fell by Rs 160 to settle at Rs 77,240/10 grams and 100 grams of 24 carat yellow metal prices today slipped by Rs 1600 to Rs 7,72,400 on September 30, 2024. 22k gold prices today dived by Rs 150 to Rs 70,800/10 grams and 100 grams of 22 carat yellow metal prices today dipped by Rs 1500 to Rs 7,08,000 on Monday.
18k gold prices today recorded fall of Rs 120 to Rs 57,930/10 grams and 100 grams of 18 carat precious metal prices today turned cheaper by Rs 1200 to Rs 5,79,300 on September 30, 2024.
22k of 1 gram gold rate today slipped by Rs 15 to Rs 7080 and 24k of 1 gram yellow metal prices today fell by Rs 16 to Rs 7724. If you are planning to buy 1 gram of 18k precious metal on Monday, you will have to shell out Rs 5793 after prices declined by Rs 12 today.
Spot Gold, Spot Silver Prices Today: Spot gold dived 0.2% at $2,653.38 per ounce, as of 0404 GMT, due to a surge in the U.S. dollar. Meanwhile, when it comes to other metals, spot silver dipped 0.4% to $31.49 per ounce, after a 12-year peak hit on Thursday and the metal has been set for quarterly rise of 8%, according to Reuters.
Silver Prices Today In India: Silver price in India today fell again. 1kg silver prices today in India declined by Rs 100 to Rs 94,900. 100 grams silver prices today dipped in India by Rs 10 to Rs 9,490.
22k Gold Price Movement In Last 10-Days In India (1 gram)
22k gold price in India today slipped by Rs 15, remained neutral on September 29, declined by Rs 5 on September 28, surged by Rs 40 on September 27, remained neutral on September 26, gained by Rs 60 on September 25, surged by Rs 20 on September 24, jumped by Rs 20 on September 23, steadied on September 22, and rallied by Rs 75 on September 21.

1kg Silver price India movement in last 10-day
Silver price in India today dived by Rs 100, stayed unchanged on September 29, fell by Rs 1000 on September 28, surged by Rs 1000 on September 27, soared by Rs 2200 on September 26, declined by Rs 100 on September 25, fell by Rs 100 on September 24, stayed unchanged on September 23, remained stable on September 22, and surged by Rs 500 on September 21.
1 Gram of 22k Gold prices In 6 Major Metropolitan Cities Of India On September 30, 2024:
| City | 22 Carat Gold Price Per Gram |
|---|---|
| Gold Price Chennai Today | 1 gram of 22 carat gold rate is Rs 7080 |
| Yellow Metal Price Mumbai Today | 1 gram of 22 carat gold price is Rs 7080 |
| Gold Price Delhi Today | 1 gram of 22 carat yellow metal price is Rs 7095 |
| Gold Price Kolkata Today | 1 gram of 22 carat of gold price is Rs 7080 |
| Gold Price Kerala Today | 1 gram of 22K gold prices is Rs 7080 |
| Yellow Metal Price Bangalore Today | 1 gram of 22 carat gold rate is Rs 7080 |
| Gold Prices Hyderabad Today | 1 gram of 22 carat gold rate is Rs 7080 |
According to Reuters, "gold still looks poised to have a potential run at $2,700 if labour market data this week aligns with the potential of another 75 basis points of easing from the Fed by year-end," said Tim Waterer, chief market analyst at KCM Trade.
"If Powell's messaging keeps investors optimistic that more aggressive rate cuts are coming our way, the U.S. dollar may suffer while gold may again be a beneficiary," Waterer added.
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